Archive for the ‘Loans’

You may have graduated with honors from your college of choice and obtained a great-paying job but you’re not out of the woods yet. The specter of student loans can follow you for many years after graduation, costing you hundreds each month depending on the amount you borrowed. Nearly 75 percent of graduates owe at least $25,000 in student loan debt, according to US News and World Report. Even if you did get a great-paying job out of college, you may still struggle with this debt. If you’re still looking for a job to match your newly framed diploma, you will have an even harder time paying down your debt. Here we take a look at ways to pay off your student loans. (more…)

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In his October speech, President Obama outlined a new federal loan program that could mean big savings for students borrowing money to pay for college. Let’s look at how the law could affect your college choice.

Would you walk into a car showroom and pay full sticker price for a new car? Of course not.

Yet thousands of American families pay the full cost of college tuition every year. If the University of Massachusetts says its yearly tuition and costs run $32,442 for out-of-state students and Yale costs $49,800 for tuition and fees, then that’s what students pay, right? Of course not. Here are some ways to find aid for college and bring home a big-ticket degree at a bargain-basement price:

Today we have a guest post from Josef Katz from Straighterline, a company that offers a new way to complete your required college courses online with convenient and affordable online college courses that you can take on your own schedule.

A new report from the U.S. Census Bureau predicts that the more you learn, the more you will earn during your working career:

• High school graduates will earn an average of $1.2 million over their careers
• College grads with bachelor’s degrees will earn $2.1 million
• People with master’s degrees will earn $2.5 million
• People with doctoral degrees will earn $3.4 million
• People with professional degrees will earn $4.4 million

Everyone knows how expensive a college education can be and that most people graduate from college with at least some debt. The important thing is to not let the “sticker price” prevent you from pursuing your college diploma. There are ways to lower your debt that may make a college degree more affordable.